LTESF Leet INC.

Overview and Growth

Leet INC. generated $9.84K of revenue in fiscal 2025, with net loss of $631.72K and an operating cash outflow of $593.09K. At $9.84K, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. The top line contracted 98.6% from $715.29K in fiscal 2024; this top-line contraction left the company with a smaller revenue base. Diluted earnings per share were $0.00, translating the period’s attributable earnings into the amount reported for each diluted share. The diluted weighted-average share count was 151.10M, linking total earnings with the per-share result received by shareholders. Diluted shares moved 0.0% from 151.10M in fiscal 2024, leaving the current share base higher year over year. The company employed $18.24K of total assets, the balance-sheet base supporting its current operating and cash-flow results. The revenue-to-assets relationship was 0.54x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The company recorded a $303.44K gross loss after reported cost of revenue. The reported operating result was an operating loss of $752.27K, reflecting costs that exceeded gross profit. The bottom-line result was a net loss of $631.72K after operating, financing, tax, and other recognized items. The company reported negative EBITDA of $745.49K, adding a pre-interest, tax, depreciation, and amortization view of the operating shortfall. The pretax result was a loss of $633.44K, establishing the deficit before tax effects. The company recognized $0.00 of income tax for the period, completing the transition from pretax income to net income. The net loss widened to $631.72K from $14.38K in fiscal 2024.

Liquidity and Capital Structure

At period end, the $18.24K asset base was financed through $5.05M of liabilities and -$11.45M of equity. With total equity at -$11.45M, the company carried a negative book-capital position, increasing its reliance on liabilities and future earnings. Current assets were $17.34K against $5.05M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. At 0.0x, current liabilities exceeded current assets and placed pressure on the company’s near-term liquidity position. The company held $3.99K in cash and equivalents, a narrower liquidity measure than total current assets. Cash and equivalents represented 0.1% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Cash and equivalents equaled 21.9% of total assets, showing the liquid cash component within the company’s broader resource base. Compared with $266.83K in fiscal 2024, the current asset base moved 93.2% and finished lower. The reported cash balance changed 88.0% from $33.25K in fiscal 2024, ending lower year over year.

Cash Flow and Earnings Quality

Operating activities used $593.09K of cash, resulting in an operating cash outflow for the year. The company spent $962.00 on capital expenditures while operations also absorbed cash, so both ongoing activity and investment drew on liquidity during the period. Operating cash flow and capital spending combined to leave a $594.05K cash deficit after capital spending. The operating cash outflow widened to $593.09K from $568.37K in fiscal 2024.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.